On January 1, Southwestern purchased a strategic investment of 20,000 shares in Morte Inc. for \$12 per share. This epresents 29% of Morte Inc. common shares. On December 31 , Morte Inc. declares and pays a $91,000 dividend and eports a net income of $355,000. Southwestern will use the equity method to record this investment. b) On January 1, Cesar has located a few private investors that wish to purchase shares in the new corporation. Some wan common shares, while other are interested in preferred shares. Southwestern Electric Inc. issued 35,000 common shares for $105,000 cash and issued 8,000 preferred shares for $32,000 cash. c) On March 1, Southwestern Electric Inc. issued and sold $300,000,5 year bo\%ds with an interest rate of 8%. The market rate at the time of issue was 9%. Any premium or discount on the bond is amortized using the effective interest rate method. Interest will be paid annually on February 28. The Present value of 1 and annuity of 1 of 9% for 6 periods are 0.6499 and 3.8897, respectively. Use a 4 decimal factor for the bond calculation. d) On April 1, the company has extra cash on hand and would like to invest it in short-term bonds issued by Steel Ltd. The company bought 28,$2,000 short term (one-year) bonds at par on this date and intended to sell these bonds bere maturity. The interest rate on the bond is 8%, payable annually at March 31 . On December 31,2022 , each bond was e) On July 1 , Southwestern purchased a $82,000,5 year bond paying 11%. Interest is paid every 6 months on December 31 ) On July 1, Southwestern purchased a $82,000,5 year bond paying 11%. Interest is paid every 6 months on December 3 . and June 30 . The company plans to hold onto the bond until it matures, f) On November 23, the company purchased 4,500 shares of Alba Inc. at \$21 per share for the purpose of trading. The shares are less than 9% of the total shares of Alba Inc. and are a non-strategic investment. By December 31 , the price per share had gone up to $23 per share. g) During 2022, Southwestern Electric Inc. has performed well, so the board of directors decided to pay dividends. On November 30, 2022, the company declared cash dividends of $95,000, which will be paid out on December 15,2022 . Use the cash dividends method and close cash dividends at the end of the year. Prepare the journal entries for the issue of shares, issue of the bonds and the dividends, plus all the investments made during the year, 2022 . Also prepare adjustments at year end to accrue interest on the bond and to record change to any applicable investments